Knowledge and RM is totally different. Knowledge is the experience by the real trading or something. But a risk management is a great analysis to calculate the potential risk. for avoiding risk we have to pass a long time in demo where we can see how it works. before live trading I used my all trading strategies in demo account to see their performance. And this technique always supports me to avoid risk when trading practically in live.

Thank you peter and wara for nice message. We can’t avoid risk, because risk is everywhere in this market. But it is possible to minimize the risk level by means of proper trading plan. And for that we have to be experienced and knowledgeable.

Thank you for your nice comment. I used demo account particularly to see the High leverage performance, this approach discourage me not to take high leverage when trading practically, because high leverage always contains high risk and can vanish equity within very short time.

Welcome. Leverage can be profitable if there is exact trading plan with great risk management approach. Otherwise you can fall a great trouble in particularly when market moves at random. So, before using leverage learn how to manage risk

I have seen so many traders in particularly newcomers always consider leverage as risky elements. But I don’t think so. if someone loses by using leverage of course there was non-sense planning with lacking of money management.

Hadden, if you think leverage doesn’t contain at any risk please trade with 1:1000 ratio and see how it works. Of course good trading plan supports to avoid unfortunate risk but this is not possible at all to reduce risk completely when using leverage in live account.